Zerodha Vs Tradeplus (Compare Zerodha and Tradeplus)

Zerodha Vs Tradeplus

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Zerodha	Tradeplus
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Year of Incorporation	2010	1995
Number of Branches	22
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Zerodha Vs Tradeplus Charges & AMC

Zerodha trading account opening charges is Rs 200 while Tradeplus account opening changes is Rs 0. Zerodha Demat Account AMC Charges is Rs 300 and Tradeplus Demat Account AMC Charges is Rs 0.

	Zerodha	Tradeplus
Trading Account Opening Charges	Rs 200	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 300	Rs 0

Zerodha Vs Tradeplus Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Zerodha	Tradeplus
Account Type	Flat Brokerage Plan	Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	NA
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 799 per month (unlimited trading)
Equity Options	Rs 20 per executed order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 99 per month (unlimited trading)
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 99 per month (unlimited trading)
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 99 per month (unlimited trading)
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 99 per month (unlimited trading)
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.	Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Zerodha Vs Tradeplus Brokerage Plan 2

	Zerodha	Tradeplus
Account Type	Flat Brokerage Plan	Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Lower of - Rs 9 per trade or 0.01%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Equity Options	Rs 20 per executed order	Rs 9 per executed order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
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Zerodha Charges Vs Tradeplus

Minimum Brokerage	0.03% in Intraday and F&O
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 50 per executed order	Flat Rs 75 per day

Zerodha Vs Tradeplus Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	Zerodha	Tradeplus
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	NSE Rs 200 per Cr (0.002%)	Rs 360 per crore (0.0036%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	Rs 140 per crore (0.0014%)
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	Rs 6000 (on premium) per crore (0.06%)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Rs 500 (0.005%)
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Zerodha Vs Tradeplus Leverage (Margin)

Zerodha margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Tradeplus margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Zerodha	Tradeplus
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Zerodha and Tradeplus Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Tradeplus offers INFINI, NSE NOW trading software.

	Zerodha	Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	INFINI, NSE NOW
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program
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Zerodha Vs Tradeplus Review

Zerodha is rated 3.7 of 5 based on 436 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Zerodha	Tradeplus
	436 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 436 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Zerodha Vs Tradeplus Investment Options

	Zerodha	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Tradeplus Order Type Offered

	Zerodha	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Zerodha Vs Tradeplus Research Report

	Zerodha	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Tradeplus Suitable For Investor Type

	Zerodha	Tradeplus
Casual Investor
Active Investor
Trader

Zerodha Vs Tradeplus - Pros and Cons

	Zerodha	Tradeplus
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	Unlimited monthly trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
Cons	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.	Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
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